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<\/span>The sales of the Wood Products Industry, i.e. Mets\u00e4 Wood, in January\u2013March 2023 were EUR 161.8 million (1\u20133\/2022: 170.4). The comparable operating result was EUR 24.6 million (1\u20133\/2022: 9.1).<\/p>\n In early 2023, Mets\u00e4 Wood\u2019s sales decreased by 5% from the comparison period. The sales of engineered wood products increased by 13%, but the sales in euros of the UK business decreased by 21%.<\/p>\n The delivery volumes of birch and spruce plywood and of the UK business decreased. The delivery volumes of Kerto LVL products remained at the previous year\u2019s level. Sales prices of engineered wood products increased significantly from the comparison period across all product categories.<\/p>\n Profitability improved notably compared to the previous year, especially due to the price increases following from the strong demand in the birch plywood business.<\/p>\n The profitability of the Kerto LVL business also improved from the comparison period. The higher raw material and logistics prices and limited availability of birch logs had a negative impact on profitability. Because of the poor availability of birch logs, the production of birch plywood had to be adjusted. Due to the general slowdown in construction in Europe, the production of spruce plywood also had to be adjusted in the first quarter.<\/p>\n Following adjustment measures, the operating result for the UK converting business increased significantly from the comparison period, although product demand remained weaker than the long-term average.<\/p>\n Mets\u00e4's deliveries of sawn timber amounted to 307,000 m3 (382,000). Demand for sawn timber has been low in all the company's main markets, and in January\u2013March, the average market prices for Mets\u00e4 Group\u2019s sawn timber were 23% lower than in the corresponding period the year before. Compared to the last quarter in 2022, the price of sawn timber increased by 3%.<\/p>\n The decline in sawn timber deliveries was influenced by the winding down of the Mets\u00e4 Svir sawmill in Russia in March 2022. In early 2023, demand for sawn timber picked up slightly in Europe, but it is still at quite a low level. North African deliveries have been delayed by a lack of clarity in the countries\u2019 foreign exchange control.<\/p>\n In China, demand for end uses has been low in both the domestic wood products industry and the export driven furniture industry.<\/p>\n Mets\u00e4 Group's results for its Wood Products and Pulp and Sawn Timber Industry segments:<\/strong><\/p>\n The sales of the Wood Products Industry, i.e. Mets\u00e4 Wood, in January\u2013March 2023 were EUR 161.8 million (1\u20133\/2022: 170.4). The comparable operating result was EUR 24.6 million (1\u20133\/2022: 9.1). In early 2023, Mets\u00e4 Wood\u2019s sales decreased by 5% from the … Continue reading ![\"\"](\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/metsa1-2-300x158.jpg\")
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